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919 N Chester Ave 2,646 SF Retail Building Bakersfield, CA 93308 $276,174 CAD ($104.37 CAD/SF) 13.16% Cap Rate
Investment Highlights
- Property sold well below replacement cost
- Higher than market cap rate
- Signalized intersection
Executive Summary
Prime Investment or Owner-User Opportunity on N Chester Avenue Unleash the potential of this high-visibility 2,646 SF commercial property at 919 N Chester Ave, Bakersfield. Perfect for investors or owner-users, it sits on a bustling corner near a school and public transit, with additional land for expansion. Priced at $199,000 for the building with two extra lots, this property offers flexibility for added incomebuild a unit or place a mobile home. With a motivated seller and endless possibilities, this is your chance to stop renting, invest smartly, or both. Open to all offers, so act now to secure this rare opportunity in a thriving area!
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$48,569
|
$18.36
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$2,428
|
$0.92
|
| Effective Gross Income |
$46,141
|
$17.44
|
| Taxes |
$3,460
|
$1.31
|
| Operating Expenses |
$12,141
|
$4.59
|
| Total Expenses |
$15,601
|
$5.90
|
| Net Operating Income |
$30,540
|
$11.54
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $48,569 |
| Annual Per SF | $18.36 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $2,428 |
| Annual Per SF | $0.92 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $46,141 |
| Annual Per SF | $17.44 |
| Taxes (CAD) | |
|---|---|
| Annual | $3,460 |
| Annual Per SF | $1.31 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $12,141 |
| Annual Per SF | $4.59 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $15,601 |
| Annual Per SF | $5.90 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $30,540 |
| Annual Per SF | $11.54 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,646 SF
Building Class
C
Year Built
1924
Price
$276,174 CAD
Price Per SF
$104.37 CAD
Cap Rate
13.16%
NOI
$36,354 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
C2
Amenities
- 24 Hour Access
- Corner Lot
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 113-262-12-00-8 | Total Assessment | $175,537 CAD (2025) |
| Land Assessment | $26,861 CAD (2025) | Annual Taxes | $3,460 CAD ($1.31 CAD/SF) |
| Improvements Assessment | $148,676 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
113-262-12-00-8
Land Assessment
$26,861 CAD (2025)
Improvements Assessment
$148,676 CAD (2025)
Total Assessment
$175,537 CAD (2025)
Annual Taxes
$3,460 CAD ($1.31 CAD/SF)
Tax Year
2026
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919 N Chester Ave
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